The current cryptocurrency market is experiencing dual drives of regulatory adjustments and innovative developments. It is reported that the White House is about to release the first encryption policy report, which will indicate the direction for industry development. At the same time, the possibility of the Federal Reserve maintaining the Intrerest Rate unchanged in July is as high as 95.3%, which may bring some Favourable Information to the encryption market.



On a technical level, Bitcoin Core has fixed a vulnerability that has existed for five years, significantly enhancing node security. This progress is expected to improve the stability and reliability of the Bitcoin network.

In terms of regulation, Hong Kong plans to implement a stablecoin regulatory system in August, reflecting the growing global emphasis on the regulation of encryption assets. At the same time, the move by U.S. pension funds to increase their holdings in MicroStrategy shares indicates that institutional investors' interest in Bitcoin-related assets is on the rise.

In terms of market innovation, Kraken announced that it will provide on-chain lending services through Aave's white-label marketplace, a move that is expected to bring more financial options to users. Additionally, some analysts believe that the introduction of Real World Assets (RWA) may pose new regulatory challenges and could lead to a short-term expansion of dollar credit.

It is worth noting that multiple companies are actively laying out plans in the stablecoin market. Derlin Holdings plans to invest HKD 60 million to explore the stablecoin market, while Huajian Medical has established a wholly-owned subsidiary in the United States to initiate a stablecoin license application. These movements reflect the optimism of companies regarding the future development prospects of stablecoins.

Overall, the current encryption currency industry is in a critical period of policy adjustment and market innovation, with all participants actively responding to challenges and exploring new development opportunities.
BTC-1.53%
CORE-5.08%
AAVE-5.42%
RWA-7.14%
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MemecoinResearchervip
· 07-21 01:49
based af, statistical hopium intensifies
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OffchainWinnervip
· 07-21 01:46
The bull run is right in front of us.
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LiquidityWitchvip
· 07-21 01:45
The bull run is stable.
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BlockchainBardvip
· 07-21 01:42
The bull has run this time.
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